Capital Properties (OTCMKTS:CPTP) Posts Quarterly Earnings Results

Capital Properties (OTCMKTS:CPTP) posted its quarterly earnings results on Monday. The company reported $0.09 EPS for the quarter, Zacks reports.

Capital Properties Price Performance

Shares of OTCMKTS CPTP opened at $14.75 on Monday. The stock has a market capitalization of $97.35 million, a price-to-earnings ratio of 67.05 and a beta of 0.33. The firm’s 50 day simple moving average is $13.98 and its 200-day simple moving average is $12.94. Capital Properties has a 12 month low of $9.50 and a 12 month high of $15.95.

Capital Properties Company Profile

Capital Properties, Inc, together with its subsidiaries, engages in leasing land in downtown Providence, Rhode Island under long-term ground leases. It owns approximately 18 acres in the Capital Center consisting of 13 individual parcels; leases the undeveloped parcels of land adjacent to the Capital Center for public parking purposes; and leases 23 outdoor advertising locations containing 44 billboard faces along interstate and primary highways in Rhode Island and Massachusetts. The company was formerly known as Providence and Worcester Company and changed its name to Capital Properties, Inc in July 1984.